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507 Monument Rd; Hobbs, NM Property Details

507 Monument Rd, Hobbs, NM is a Single Family that was built in 1983. This property is currently a cash purchase and is not for sale. The lot size of 507 Monument Rd is 87,284 square feet.

Off market
507 Monument Rd Hobbs, NM 88240
$29,044 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Est. Equity / %: $219,000 / 100%
  • APN: 4 000 758 670 001
  • Situs County: Lea
  • Length Of Ownership: 11 months

Measurements

  • Lot: 87,284/SqFt

Legal Description

  • Description: QUAIL RUN SUB-DIV UNIT 1 BLOCK 2 E2 LOT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.638084 / -103.13251
  • Subdivision: Quail Run Sub-Div
  • Property Class: Residential

Amenities

  • Plus Four: 9535

Ownership Info

507 Monument Rd has no associated ownership info
507 Monument Rd has no associated ownership info.

Taxes

507 Monument Rd has 10 associated Taxes items

507 Monument Rd, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $29,044. The APN we've located for 507 Monument Rd is 4 000 758 670 001.

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Taxes
  • Assessed Value:  $29,044
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 758 670 001
  • Assessed Land Value:  4541
  • Market Land Value:  13623
  • Tax Amount:  394.67
  • Tax Year:  2025
  • Market Value:  87132
  • Market Year:  2025

Tax History

507 Monument Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,044 Land Value $4,541 Improvement Value $24,503 Tax Amount $394.67 Change Rate -0.241355% Assessed CR Tax Rate +0.013589%
Year 2024 Assessed Value $28,198 Land Value $4,409 Improvement Value $23,789 Tax Amount $520.23 Change Rate +0.024781% Assessed CR Tax Rate +0.018449%
Year 2023 Assessed Value $27,377 Land Value $4,281 Improvement Value $23,096 Tax Amount $507.65 Change Rate +0.055779% Assessed CR Tax Rate +0.018543%
Year 2022 Assessed Value $27,377 Land Value $4,281 Improvement Value $23,096 Tax Amount $480.83 Change Rate +0.008368% Assessed CR Tax Rate +0.017563%
Year 2021 Assessed Value $26,458 Land Value $4,035 Improvement Value $22,423 Tax Amount $476.84 Change Rate +0.02608% Assessed CR Tax Rate +0.018023%
Year 2020 Assessed Value $26,340 Land Value $3,917 Improvement Value $22,423 Tax Amount $464.72 Change Rate +0.060206% Assessed CR Tax Rate +0.017643%
Year 2019 Assessed Value $25,573 Land Value $3,803 Improvement Value $21,770 Tax Amount $438.33 Change Rate -0.392693% Assessed CR Tax Rate +0.01714%
Year 2018 Assessed Value $24,828 Land Value $3,692 Improvement Value $21,136 Tax Amount $721.76 Change Rate +0.03262% Assessed CR Tax Rate +0.02907%
Year 2017 Assessed Value $72,312 Land Value $10,752 Improvement Value $61,560 Tax Amount $698.96 Change Rate Assessed CR Tax Rate +0.009666%
Year 2016 Assessed Value $70,206 Land Value $10,440 Improvement Value $59,766 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $68,163 Land Value $10,137 Improvement Value $58,026 Tax Amount $373.64 Change Rate Assessed CR Tax Rate +0.005482%
Year 2014 Assessed Value $66,180 Land Value $9,843 Improvement Value $56,337 Tax Amount Change Rate Assessed CR Tax Rate